- Federal Reserve policymakers differed last month on how much higher interest rates would need to go, but most believed the end of the rate-hike campaign wasn't far-off.
- The Institute for Supply Management's index of U.S. manufacturing dropped to 54.2 from 58.1 in December.
- U.S. Construction spending was up 0.2% from October's pace.
- Ten years ago, buying a motor scooter in India could take years and a stack of paperwork. These days a buyer can plunk down just $22 and come away with a scooter on credit. Sales of two-wheelers -- a characteristic of India's rising middle class -- jumped 16% YoY.
- An index of manufacturing in Australia increased from 44.2 to 53.1 in December.
- An index of manufacturing in the U.K. increased from 51.0 to 51.1 in December,
- An index of manufacturing in Europe increased from 52.8 to 53.6 in December.
- Germany's unemployment rate improved from 11.4% to 11.2% in December.
- YoY Brazil December sugar exports are down 17.5%.
- Hot and dry weather forecasts for Argentina's soybeans pushed soybeans higher.
- The price U.S. motorists paid for gasoline jumped 4.1 cents over the last week
- Legislation introduced in the House of Representatives Dec. 7 would increase by $3,000 the current tax credit for makers and consumers of domestic hybrid vehicles, including commercial trucks.
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